Portfolio

The nation's economic crisis may be ebbing. But mutual fund executives and managers are feeling more pained.

On April 26, SPDR ETFs earned recognition as ‘Most Recognized ETF Brand’ in the Amerricas.

On April 27, UBS rolled out an exchange-traded note product.

On April 27, BNY Mellon named a new distribution head.

Investors piled into muni bond mutual funds this past week.

It's been four years since the management team at Neuberger Berman decided to spend $922 million in order to acquire a majority interest in their firm and the fixed income and alternative asset management businesses of Lehman Brothers' Investment Management Division in the wake of Lehman's collapse.

“The goal is obviously to outperform” market returns and market benchmarks, in general, said Jim Ross, president of SSgA Funds Management.

BlackRock iShares Exchange Traded Funds business has launched a suite of high yield corporate debt ETFs.

The Dow Jones Industrial Average rallied up another 113.90 points to finish at 13,204.62 Thursday while the Nasdaq added 21 points and the S&P 500 moved up 9.29 points to close at 1,399.98.

On April 26, Federated reported its earnings for the previous quarter.